
Report January 2026
Executive summary MESA projection (Burg AR on monthly closes) Interpretation: the AR model leans up, but with high uncertainty (the…

Report December 2025
1. Executive summary Overall: December statistically tends to be a weak month, and the MESA point forecast is slightly below…
Positions Updates November
This month, we’re looking at commodities in general. I’m not including oil and natural gas because, as you know, I…

Report November 2025
Natural Gas futures ended October 2025 at 4.107, extending the early autumn recovery that began in late August. The MESA…
COBRA Indicator
The COBRA Indicator is a proprietary tool, that combines two variants of the MESA Stochastic algorithm to provide clearer and…

Report October 2025
Target: October 2025 — Asset: Natural Gas. September 2025 close near 3.206.The MESA model (Burg AR, order 10) projects 3.271…

Report September 2025
Executive summary Metric Value Notes Starting point (Aug 2025 close) 2.997 MESA (Burg AR p=10) forecast close 3.054 +1.90% MoM…

Report August 2025
Historical August statistics (2005‑2024) The table below summarises the daily natural‑gas price statistics for each August between 2005 and 2024. Each…

Report July 2025
Table of July Prices (2005–2024)The following table summarizes the minimum price, maximum price, percentage variation, price delta, max/min ratio, and…